dierdre-mullen

DURHAM REGION – July 6, 2010 – The Durham Region Association of REALTORS® reported 920 sales through the Multiple Listing Service® (MLS®) during the month of June, a decrease of 17.5% from the record 1,115 sales reported in June 2009.   “At the mid-point of 2010, sales are still up 23% over the first six months of 2009, but sales numbers are beginning to trend downwards as the market settles from its earlier 2010 peaks, influenced by the prospect of higher mortgage rates, the HST and the usual summer slow down.” commented Dierdre Mullen, President of the Durham Region Association of REALTOR®. With 2,461 active resale home listings in June, the mid-year 2010 total of 10,163 listings is also up 18% annually, while the average June selling price of $304,278 came in 8% higher than the average for the same period in 2009.

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Anticipated Summer Slow Down of Resale Housing Market

DURHAM REGION, JUNE 11, 2010 – Starting July 1, 2010 Ontarians can expect to pay a harmonized sales tax (HST) rate of 13% on a long list of goods and services that were previously exempt from the 8% Provincial Sales Tax (PST). “While the impact of the tax will be felt by all Ontarians, the province’s 3 million homeowners and the thousands who buy and sell a home every year will be hit particularly hard by this latest tax.” commented Dierdre Mullen, President of the Durham Region Association of REALTORS®. “As real estate professionals, REALTORS® know how important the dream of homeownership is to Ontario families.

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HST Affects the Affordability of Home Ownership

DURHAM REGION May 19, 2010 – The Durham Region Association of REALTORS® (DRAR) reported 525 sales in the first half of May 2010, an increase of 13% from the 464 sales reported mid-month in May ’09. Year-to-date sales are up 45% to 4,081 compared to 2,815 sales during the same term in 2009. “As was forecasted, the average selling price for single family homes has begun a modest descent as the market begins to stabilize.” Dierdre Mullen, President of the Durham Region Association of REALTORS® noted

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May Resale Housing Market Balancing Out

DURHAM REGION – May 7, 2010 – Durham Region Association of REALTORS® reported a record 1,185 sales of single family homes in Durham Region during the month of April through the Multiple Listing Service® (MLS®), representing a 41 percent increase compared to April 2009. Comparably, the number of available listings also continued to rise, offering a total of 2,426 resale homes for sale during April, 14 percent more than March 2010. “The trend across all of the GTA, including Durham, is that listings continue to increase as sellers recognize the strong sales and price growth within the housing market” explained Dierdre Mullen, President of the Durham Region Association of REALTORS®.

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Record Sales in April for Durham Housing Market

DURHAM REGION – February 23, 2010 – Over recent years, Members of the Durham Region Association of REALTORS® have held Christmas Charity Auctions with proceeds being presented to the various Lakeridge Health facilities within Durham Region.

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REALTORS® Raise Funds for Bowmanville Hospital

FOR IMMEDIATE RELEASE December 21, 2009   DURHAM REGION ASSOCIATION OF REALTORS® ANNOUNCE NEW PRESIDENT FOR 2010 DURHAM REGION DECEMBER 21, 2009 – The Durham Region Association of REALTORS® (DRAR) is pleased to announce that Dierdre Mullen will be the President for 2010. Dierdre, who is with Coldwell Banker RMR Real Estate in Whitby, has been an active member of DRAR since March 2004.  She is also an active volunteer with the Canadian Red Cross Disaster Management Team and was previously a Director of Administration for the Canadian Red Cross.  Dierdre was Chair of both the Office Representatives Program and the Charity Auction Task Force in 2009.  Her objective as DRAR’s President is to work on behalf of the Members by participating in planning, establishing direction, making policy decisions and other related functions of the Board of Directors.  Specifically, she is planning on continuing with Focus Groups with brokers and salespeople that were such a success in the previous year, and also hopes to start a Young Professional Group where the focus will be on mentoring new salespeople.  She also intends to continue the open door policy that 2009 DRAR President Debbie Dawson, Century 21 Infinity Realty Inc., encouraged to all Members.  “I look forward to working on [DRAR Members’] behalf over the next 12 months”. On behalf of DRAR’s Board of Directors and Members, the Association would like to congratulate Dierdre on her new position, and wish her tremendous success in the coming year.

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2010 DRAR President